Monthly Indicators

A RESEARCH TOOL REFLECTING RESIDENTIAL REAL ESTATE ACTIVITY WITHIN

THE 77 OFFICIALLY DEFINED CHICAGO COMMUNITY AREAS PROVIDED BY THE
CHICAGO ASSOCIATION OF REALTORS®

December 2017 Quick Facts

The number of homes for sale, days on market and months of supply were all down
in year-over-year comparisons in a majority of the country for the entirety of 2017, + 3.1% - 9.4% + 2.8%
as was housing affordability. And although total sales volumes were mixed, prices
were consistently up in most markets. Buyers may not benefit from higher prices,
1-Year Change in 1-Year Change in 1-Year Change in
but sellers do, and there should be more listing activity by more confident sellers in Closed Sales Homes for Sale Median Sales Price
2018. At least that would be the most viable prediction for an economic landscape All Properties All Properties All Properties
pointing toward improved conditions for sellers.

New Listings in the City of Chicago were up 1.5 percent for detached homes and 0.2 Detached Single-Family Overview 2
percent for attached properties. Listings Under Contract increased 20.8 percent for Attached Single-Family Overview 3
detached homes but decreased 3.5 percent for attached properties.
New Listings 4
The Median Sales Price was up 10.0 percent to $219,999 for detached homes and Closed Sales 5
3.7 percent to $320,000 for attached properties. Months Supply of Inventory
decreased 20.2 percent for detached units and 1.4 percent for attached units.
Under Contract (contingent and pending) 6
Median Sales Price 7
Unemployment rates have remained low throughout 2017, and wages have shown
Average Sales Price 8
improvement, though not always to levels that match home price increases. Yet
housing demand remained incredibly strong in 2017, even in the face of higher Average List Price 9
mortgage rates that are likely to increase further in 2018. Home building and selling Percent of Original List Price Received 10
professionals are both cautiously optimistic for the year ahead. Housing and
economic indicators give reason for this optimism, with or without new federal tax Housing Affordability Index 11
legislation. Market Time 12
Months Supply of Inventory 13
Inventory of Homes for Sale 14
All Properties Market Overview 15

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime.
Detached Single-Family Market Overview
Key market metrics for the current month and year-to-date figures for Detached Single-Family Properties.

Key Metrics Historical Sparklines 12-2016 12-2017 +/– YTD 2016 YTD 2017 +/–

New Listings 942 956 + 1.5% 21,386 22,332 + 4.4%

12-2014 12-2015 12-2016 12-2017

Closed Sales 814 925 + 13.6% 10,809 11,028 + 2.0%

12-2014 12-2015 12-2016 12-2017

Under Contract 602 727 + 20.8% 10,802 11,200 + 3.7%

(Contingent and Pending)
12-2014 12-2015 12-2016 12-2017

Median Sales Price $200,000 $219,999 + 10.0% $218,000 $229,950 + 5.5%

12-2014 12-2015 12-2016 12-2017

Average Sales Price $310,102 $350,986 + 13.2% $331,563 $345,283 + 4.1%

12-2014 12-2015 12-2016 12-2017

Average List Price $358,295 $556,671 + 55.4% $459,598 $468,645 + 2.0%

12-2014 12-2015 12-2016 12-2017

Percent of Original List Price

93.1% 94.8% + 1.8% 95.1% 95.4% + 0.3%
Received
12-2014 12-2015 12-2016 12-2017

Housing Affordability Index 149 138 - 7.1% 137 135 - 1.9%

12-2014 12-2015 12-2016 12-2017

Market Time 87 99 + 14.7% 88 92 + 4.5%

12-2014 12-2015 12-2016 12-2017

Months Supply of Inventory 4.4 3.5 - 20.2% -- -- --

12-2014 12-2015 12-2016 12-2017

Inventory of Homes for Sale 3,927 3,251 - 17.2% -- -- --

12-2014 12-2015 12-2016 12-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 2
Attached Single-Family Market Overview
Key market metrics for the current month and year-to-date figures for Attached Single-Family Properties.

Key Metrics Historical Sparklines 12-2016 12-2017 +/– YTD 2016 YTD 2017 +/–

New Listings 938 940 + 0.2% 29,054 31,087 + 7.0%

12-2014 12-2015 12-2016 12-2017

Closed Sales 1,158 1,109 - 4.2% 17,270 17,614 + 2.0%

12-2014 12-2015 12-2016 12-2017

Under Contract 879 848 - 3.5% 17,567 17,622 + 0.3%

(Contingent and Pending)
12-2014 12-2015 12-2016 12-2017

Median Sales Price $308,500 $320,000 + 3.7% $310,000 $320,000 + 3.2%

12-2014 12-2015 12-2016 12-2017

Average Sales Price $381,772 $425,834 + 11.5% $374,062 $393,054 + 5.1%

12-2014 12-2015 12-2016 12-2017

Average List Price $417,697 $540,553 + 29.4% $445,620 $483,943 + 8.6%

12-2014 12-2015 12-2016 12-2017

Percent of Original List Price

95.6% 96.2% + 0.7% 96.5% 97.1% + 0.6%
Received
12-2014 12-2015 12-2016 12-2017

Housing Affordability Index 103 100 - 2.4% 103 102 - 0.4%

12-2014 12-2015 12-2016 12-2017

Market Time 79 79 + 0.1% 72 65 - 9.5%

12-2014 12-2015 12-2016 12-2017

Months Supply of Inventory 2.5 2.5 - 1.4% -- -- --

12-2014 12-2015 12-2016 12-2017

Inventory of Homes for Sale 3,720 3,678 - 1.1% -- -- --

12-2014 12-2015 12-2016 12-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 3
New Listings
A count of the properties that have been newly listed on the market in a given month.

December Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 1,666 + 15.8% 2,216 + 12.9%

31,087 Feb-2017 1,747 + 4.9% 2,646 + 0.5%
984 956 28,732 29,054 Mar-2017 2,190 + 13.5% 3,251 + 5.4%
942 938 940
902
Apr-2017 1,916 - 2.4% 2,948 - 3.3%
22,332 May-2017 2,249 + 6.3% 3,242 + 7.2%
21,386
20,310
Jun-2017 2,177 - 4.3% 3,149 + 8.8%
Jul-2017 2,002 + 1.5% 2,867 + 7.7%
Aug-2017 2,075 + 5.1% 2,913 + 16.3%
Sep-2017 2,067 + 6.1% 2,939 + 8.1%
Oct-2017 1,927 + 8.6% 2,393 + 18.8%
Nov-2017 1,351 - 2.7% 1,578 + 0.4%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Dec-2017 956 + 1.5% 940 + 0.2%
-4.3% +1.5% +4.0% +0.2% +5.3% +4.4% +1.1% +7.0% Average 1,860 + 4.4% 2,590 + 7.0%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical New Listing Activity Detached Single-Family Attached Single-Family

6,000

5,000

4,000

3,000

2,000

1,000

0
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 4
Closed Sales
A count of the actual sales that have closed in a given month.

December Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 683 + 11.6% 889 + 13.2%

Feb-2017 616 - 9.4% 913 + 3.2%
17,614
1,200 16,967 17,270 Mar-2017 980 + 17.6% 1,565 + 18.8%
1,158
1,109
Apr-2017 931 + 0.1% 1,715 - 3.4%
925 May-2017 1,058 + 1.3% 1,987 + 2.7%
876
814
10,530 10,809 11,028 Jun-2017 1,164 + 0.5% 2,212 + 2.5%
Jul-2017 935 - 9.6% 1,763 + 1.2%
Aug-2017 1,056 - 1.3% 1,731 - 2.3%
Sep-2017 943 + 1.7% 1,411 - 3.9%
Oct-2017 880 + 2.2% 1,222 + 3.0%
Nov-2017 855 + 1.1% 1,094 + 0.5%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Dec-2017 925 + 13.6% 1,109 - 4.2%
-7.1% +13.6% -3.5% -4.2% +2.6% +2.0% +1.8% +2.0% Average 919 + 2.0% 1,468 + 7.0%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Pending Sales Activity Detached Single-Family Attached Single-Family

2,500

2,000

1,500

1,000

500

0
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 5
Under Contract
A count of the properties in either a contingent or pending status in a given month.

December Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 782 + 5.7% 1,264 + 12.3%

Feb-2017 922 + 1.3% 1,628 - 0.2%
879 17,567 17,622
841 848 17,088 Mar-2017 1,132 + 2.0% 2,107 + 5.2%

727 Apr-2017 1,050 - 7.5% 1,945 - 7.5%

636 May-2017 1,085 - 1.1% 1,976 + 4.7%

602
10,802 11,200 Jun-2017 998 - 1.9% 1,669 - 6.7%
10,610
Jul-2017 895 + 1.0% 1,488 + 4.1%
Aug-2017 990 + 3.8% 1,393 - 0.2%
Sep-2017 852 + 9.7% 1,176 - 0.8%
Oct-2017 937 + 11.2% 1,169 + 2.0%
Nov-2017 850 + 16.3% 970 - 2.1%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Dec-2017 727 + 20.8% 848 - 3.5%
-5.3% +20.8% +4.5% -3.5% +1.8% +3.7% +2.8% +0.3% Average 935 + 3.7% 1,469 + 0.3%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Under Contract Activity Detached Single-Family Attached Single-Family

3,000

2,700

2,400

2,100

1,800

1,500

1,200

900

600

300

0
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 6
Median Sales Price
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.

December Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 $190,000 + 2.7% $310,000 + 17.0%

Feb-2017 $183,450 + 2.5% $298,000 + 4.6%
$320,000 $320,000
$308,500 $305,000 $310,000
$290,000 Mar-2017 $235,000 + 14.6% $328,000 + 7.5%
Apr-2017 $235,000 + 4.4% $328,500 + 2.3%
$229,950 May-2017 $255,000 + 11.8% $330,000 + 2.1%
$219,999 $218,000
$200,000 $195,000 Jun-2017 $260,000 + 6.1% $325,960 + 0.3%
$190,000

Jul-2017 $250,000 + 4.8% $325,000 + 1.6%

Aug-2017 $228,700 + 1.8% $316,000 + 4.3%
Sep-2017 $226,000 + 5.1% $312,000 + 4.3%
Oct-2017 $220,000 + 1.6% $313,750 + 5.3%
Nov-2017 $220,000 + 4.8% $301,725 - 2.0%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Dec-2017 $219,999 + 10.0% $320,000 + 3.7%
+5.3% +10.0% +6.4% +3.7% +11.8% +5.5% +1.6% +3.2% Median $229,950 + 5.5% $320,000 + 3.2%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Median Sales Price Detached Single-Family Attached Single-Family

$400,000

$350,000

$300,000

$250,000

$200,000

$150,000

$100,000
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 7
Average Sales Price
Average sales price for all closed sales, not accounting for seller concessions, in a given month.

December Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 $300,627 - 3.4% $397,438 + 18.8%

$425,834
Feb-2017 $282,843 + 2.8% $388,355 + 9.2%
$393,054
$377,271 $381,772
$374,062
$366,093 Mar-2017 $341,364 + 4.1% $386,811 + 8.5%
$350,986 $345,283
$331,563
$315,726 $319,442 Apr-2017 $366,761 + 4.3% $392,496 + 2.5%
$310,102
May-2017 $393,641 + 14.0% $390,012 + 0.5%
Jun-2017 $394,257 + 1.6% $396,153 + 2.5%
Jul-2017 $380,900 + 3.5% $394,058 + 1.1%
Aug-2017 $327,490 - 0.5% $390,576 + 6.2%
Sep-2017 $328,549 + 5.0% $388,098 + 2.7%
Oct-2017 $313,035 - 0.1% $387,478 + 8.4%
Nov-2017 $306,776 + 3.2% $383,651 + 5.4%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Dec-2017 $350,986 + 13.2% $425,834 + 11.5%
-1.8% +13.2% +1.2% +11.5% +3.8% +4.1% +2.2% +5.1% Average $345,283 + 4.1% $393,054 + 5.1%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Average Sales Price Detached Single-Family Attached Single-Family

$450,000

$400,000

$350,000

$300,000

$250,000

$200,000

$150,000
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 8
Average List Price
Average list price for all new listings in a given month.

December Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 $501,732 + 18.8% $508,758 + 14.2%

$556,671
$540,553 Feb-2017 $538,183 + 6.1% $500,758 + 16.2%
$483,943 Mar-2017 $498,443 + 10.6% $480,126 + 13.7%
$459,598 $468,645
$445,620
$417,697 Apr-2017 $477,331 + 5.8% $488,900 + 5.8%
$404,595 $400,690
$368,098 May-2017 $480,420 - 3.8% $483,337 + 5.0%
$358,295
Jun-2017 $455,477 - 2.7% $486,197 + 10.2%
$303,708
Jul-2017 $439,766 - 7.1% $448,320 + 5.1%
Aug-2017 $402,355 - 0.3% $441,539 + 4.2%
Sep-2017 $458,495 - 8.2% $505,758 + 0.6%
Oct-2017 $458,578 - 9.3% $482,926 + 6.6%
Nov-2017 $391,610 - 3.1% $487,700 + 11.2%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Dec-2017 $556,671 + 55.4% $540,553 + 29.4%
+ 18.0% + 55.4% + 13.5% + 29.4% + 13.6% + 2.0% + 11.2% + 8.6% Average $468,645 + 2.0% $483,943 + 8.6%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Average List Price Detached Single-Family Attached Single-Family

$600,000

$550,000

$500,000

$450,000

$400,000

$350,000

$300,000

$250,000

$200,000

$150,000
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 9
Percent of Original List Price Received
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties
sold in a given month, not accounting for seller concessions.

December Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 94.3% + 0.3% 95.3% + 1.4%

Feb-2017 93.7% + 0.7% 95.7% + 1.2%

94.8% 94.4% 95.6% 96.2% 95.1% 95.4% 95.7% 96.5% 97.1% Mar-2017 96.9% + 1.8% 97.0% + 0.1%
93.2% 93.1% 94.0%
Apr-2017 95.2% - 0.3% 97.5% + 0.3%
May-2017 96.1% - 0.8% 98.0% + 0.7%
Jun-2017 96.5% + 0.1% 97.9% + 0.7%
Jul-2017 96.6% + 0.6% 97.5% + 0.1%
Aug-2017 95.2% - 0.4% 97.3% + 0.6%
Sep-2017 94.7% - 0.4% 96.8% + 0.7%
Oct-2017 94.4% - 0.0% 96.3% + 0.4%
Nov-2017 94.7% + 1.3% 96.5% + 0.7%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Dec-2017 94.8% + 1.8% 96.2% + 0.7%
-0.1% +1.8% +1.3% +0.7% +1.1% +0.3% +0.8% +0.6% Average 95.4% + 0.3% 97.1% + 0.6%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Percent of Original List Price Received Detached Single-Family Attached Single-Family
100%

98%

95%

93%

90%

88%

85%

83%

80%

78%

75%
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 10
Housing Affordability Index
This index measures housing affordability for the region. For example, an index of 120 means the median household income was 120%
of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.

December Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 154 - 4.2% 100 - 18.0%

158 155
149 Feb-2017 165 - 6.4% 106 - 9.5%
138 137 135 Mar-2017 130 - 13.5% 99 - 10.9%
Apr-2017 130 - 6.4% 100 - 4.7%
111 108
103 100 103 102 May-2017 121 - 12.5% 101 - 3.3%
Jun-2017 119 - 7.4% 101 - 4.1%
Jul-2017 124 - 6.8% 102 - 4.2%
Aug-2017 140 - 3.1% 105 - 6.6%
Sep-2017 141 - 6.6% 106 - 5.6%
Oct-2017 143 - 5.7% 104 - 10.3%
Nov-2017 145 - 3.1% 109 + 1.3%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Dec-2017 138 - 7.1% 100 - 2.4%
-6.0% -7.1% -7.9% -2.4% -11.3% -1.9% -5.0% -0.4% Average 138 - 6.9% 103 - 6.7%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Housing Affordability Index Detached Single-Family Attached Single-Family

300

275

250

225

200

175

150

125

100

75

50
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 11
Market Time
Average number of days between when a property is listed and when an offer is accepted in a given month.

December Year to Date Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 92 - 15.0% 97 - 1.4%

93 92
88 Feb-2017 107 + 3.3% 96 - 4.8%
99
94 Mar-2017 114 + 14.3% 83 - 9.5%
93 78
87 72 Apr-2017 108 + 7.7% 68 - 12.5%
79 79 65
May-2017 99 + 7.5% 52 - 19.2%
Jun-2017 81 + 2.7% 50 - 14.6%
Jul-2017 75 - 5.9% 51 - 12.2%
Aug-2017 80 + 0.3% 51 - 15.6%
Sep-2017 79 + 4.7% 56 - 21.3%
Oct-2017 82 + 1.5% 68 - 3.2%
Nov-2017 89 - 1.6% 76 + 6.9%
2015 2016 2017 2015 2016 2017 2015 2016 2017 2015 2016 2017 Dec-2017 99 + 14.7% 79 + 0.1%
-6.7% +14.7% -15.5% +0.1% -5.4% +4.5% -7.8% -9.5% Average 92 + 3.6% 65 - 9.5%
Detached Single-Family Attached Single-Family Detached Single-Family Attached Single-Family

Historical Market Time Detached Single-Family Attached Single-Family

220

200

180

160

140

120

100

80

60

40
1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 12
Months Supply of Inventory
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

December Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 4.4 - 0.0% 2.6 - 11.9%

4.5 4.4 Feb-2017 4.4 - 1.0% 2.8 - 9.5%
Mar-2017 4.5 + 1.1% 3.0 - 9.8%
3.5 Apr-2017 4.6 + 1.6% 3.1 - 5.2%
May-2017 4.9 + 3.4% 3.2 - 5.8%
2.9
2.5 2.5 Jun-2017 5.1 + 0.4% 3.4 - 0.5%
Jul-2017 5.1 - 1.4% 3.5 - 2.3%
Aug-2017 5.0 - 3.5% 3.5 + 1.9%
Sep-2017 5.0 - 6.0% 3.7 + 2.0%
Oct-2017 4.8 - 8.6% 3.5 + 1.8%
Nov-2017 4.2 - 14.5% 3.1 - 0.3%
2015 2016 2017 2015 2016 2017 Dec-2017 3.5 - 20.2% 2.5 - 1.5%
-2.8% -20.2% -12.0% -1.4% Average 4.6 - 3.9% 3.2 - 3.1%
Detached Single-Family Attached Single-Family

Historical Months Supply of Inventory Detached Single-Family Attached Single-Family

20

18

16

14

12

10

2
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 13
Inventory of Homes for Sale
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

December Detached Single- Year-Over-Year Attached Single- Year-Over-Year

Family Change Family Change

Jan-2017 3,995 + 1.8% 3,789 - 8.8%

3,967 4,113 Feb-2017 4,024 - 0.1% 4,128 - 7.2%

3,927
3,720 3,678 Mar-2017 4,124 + 1.7% 4,380 - 7.7%
3,251 Apr-2017 4,178 + 1.1% 4,543 - 5.0%
May-2017 4,400 + 1.9% 4,749 - 5.3%
Jun-2017 4,548 - 1.2% 5,025 - 0.7%
Jul-2017 4,621 - 2.2% 5,090 - 1.5%
Aug-2017 4,502 - 4.3% 5,197 + 2.6%
Sep-2017 4,531 - 5.2% 5,445 + 2.6%
Oct-2017 4,355 - 7.3% 5,197 + 2.7%
Nov-2017 3,902 - 12.5% 4,606 + 0.5%
2015 2016 2017 2015 2016 2017 Dec-2017 3,251 - 17.2% 3,678 - 1.2%
-1.0% -17.2% -9.6% -1.1% Average 4,207 - 3.6% 4,658 - 2.2%
Detached Single-Family Attached Single-Family

Historical Inventory of Homes for Sale Detached Single-Family Attached Single-Family

19,000

17,000

15,000

13,000

11,000

9,000

7,000

5,000

3,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 14
All Properties Market Overview
Key market metrics for the current month and year-to-date figures for all properties.

Key Metrics Historical Sparklines 12-2016 12-2017 +/– YTD 2016 YTD 2017 +/–

New Listings 1,880 1,896 + 0.9% 50,441 53,419 + 5.9%

12-2014 12-2015 12-2016 12-2017

Closed Sales 1,972 2,034 + 3.1% 28,079 28,642 + 2.0%

12-2014 12-2015 12-2016 12-2017

Under Contract 1,481 1,575 + 6.3% 28,368 28,822 + 1.6%

(Contingent and Pending)
12-2014 12-2015 12-2016 12-2017

Median Sales Price $260,000 $267,250 + 2.8% $272,000 $285,000 + 4.8%

12-2014 12-2015 12-2016 12-2017

Average Sales Price $352,188 $391,796 + 11.2% $357,706 $374,661 + 4.7%

12-2014 12-2015 12-2016 12-2017

Average List Price $387,946 $548,676 + 41.4% $451,558 $477,553 + 5.8%

12-2014 12-2015 12-2016 12-2017

Percent of Original List Price

94.6% 95.6% + 1.1% 96.0% 96.4% + 0.5%
Received
12-2014 12-2015 12-2016 12-2017

Housing Affordability Index 130 130 + 0.3% 125 123 - 1.8%

12-2014 12-2015 12-2016 12-2017

Market Time 82 88 + 7.3% 78 75 - 3.8%

12-2014 12-2015 12-2016 12-2017

Months Supply of Inventory 3.2 2.9 - 9.4% -- -- --

12-2014 12-2015 12-2016 12-2017

Inventory of Homes for Sale 7,650 6,929 - 9.4% -- -- --

12-2014 12-2015 12-2016 12-2017

Current as of January 14, 2018. All data from Midwest Real Estate Data reflecting activity within the 77 officially defined Chicago community areas. Report © 2018 ShowingTime. | 15